Richardson Office Space

Richardson

Office Space Market Report

Number of Listings (last 90 days)
86
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,550
As of: January 19, 2017

Richardson Rates

On average, listings lease in the $20's per square foot per year. The Richardson submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decline in rent.

Compared to the rest of the DFW Metroplex market, the Richardson region has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Richardson Listing Supply

In the last 90 days, 90 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the available leases in the Richardson are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,560 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this region were built in 1985 and are Class B.

Richardson Community

Market Report

Trends and status of the commercial real estate market in Richardson.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Richardson.
Research